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20121201
20121231
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KPIX (CBS) 5
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Search Results 0 to 4 of about 5
CBS
Dec 26, 2012 5:00am PST
from our chinese owners. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it and now 90% of the wine from here that's 9,000 cases -- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods for goods that are scarce and for goods that are well made. so rather than buying chinese- made products and spending our money over there, they're buying american made products and sending their money back over here. >> reporter: on the jobs stay here? >> and the jobs stay here. >> reporter: rich chinese firms have investigated billions in the u.s. 1.3billion in california companies. a reported $560 million invested in the past year. the chinese are also boosting the golden state's housing recovery. they have bought one out of every 10 homes sold in the past year. >> compared to the high-end housing like in beijing, this is not that expensive. >> reporter: this university of southern california student has a $1 million condo a
CBS
Dec 31, 2012 5:00am PST
morning, frank and michelle. well, strong manufacturing growth in china fueled most markets there. the shanghai composite gained more than 1 1/2 hong kong's hang seng lost a fraction and tokyo's nikkei was closed for the holiday. >>> today is the last trading day of the year on wall street. on friday, the markets closed lower as investors keep a close eye on the "fiscal cliff" negotiations. the dow plunged 158 points falling below the 13,000 mark while the nasdaq dropped 25 points. >>> ford motors had another banner year. the automaker says they sold 2.2 million vehicles here in the u.s. in 2012. that's up from 2.1 million last year. the ford focus is their most popular model. this is the second year in a row ford has topped 2 million in sales. the only u.s. company to do that. >>> and there may not be many happy returns this year especially if you don't have your receipt. the national retail federation says $63 billion worth of presents will be taken back to the stores. that is a lot of unhappy people. receipts could be critical in making a return because many stores are tighteni
CBS
Dec 3, 2012 5:00am PST
. well, asian markets were mostly high they are morning on improved manufacturing data from china. tokyo's nikkei edged up a fraction to a seven month closing high while hong kong's hang seng lost a percent. >>> on wall street there was little movement as investors were cautious with all eyes on the "fiscal cliff." the dow rose 3, nasdaq down 2. >>> so far there's no resolution of the strike by clerical work at the ports of los angeles and long beach. the strike enters its 7th day today dramatically slowing traffic at the nation's busiest cargo complex. dock workers refuse to cross the picket lines. the clerical workers say management has been outsourcing their work. >>> and delta airlines is looking to buy a 49% stake in virgin atlantic airlines. now owned by singapore airlines. some 51% of virgin atlantic is owned by richard branson. virgin is the second biggest airline at london's heathrow airport. a delta partnership would allow delta to expand its london-to- new york flight. that would be a big move for delta. >> if you work at toys 'r us, they will get more money but may stay open
CBS
Dec 12, 2012 5:00am PST
fell into the east china sea and a third part fell into the pacific ocean east of the philippines about 2,000 miles away. >>> a big victory for millionaire fugitive john mcafee. he was released from guatemalan custody. he snuck into guatemala from belize where he is wanted in connection with the murder of his neighbor. a guatemalan judge has given mcafee 10 days to get his immigration situation sorted out. >>> mexican transportation officials say the plane carrying singing sensation jenni rivera plunged almost vertically from 28,000 feet. the plane did a nosedive into the ground at 600 miles an hour. investigators are piecing together the wreckage to find the exact cause of the crash. they say it could take days. >>> it is 5:20. new this morning, it is the blessing tweeted around the world and now the head of the catholic church has more twitter followers than all of us. pope benedict xvi's message, dear friends, i am pleased to get in touch with you through twitter. he also added i bless all of you from my heart, in eighth different languages. an hour after the twice more than 700,000
CBS
Dec 14, 2012 5:00am PST
to social programs like medicare. >>> a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained .5%. tokyo's nikkei shed a fraction. >>> now, you might not know the name but you have seen the unique label that norman woodland developed with another engineer. woodland invented the bar code. now what it is, that rectangle found on about every product we buy in stores. they got a patent for their invention 60 years ago. but the technology to use the bar code was not developed until 1974. norman woodland was 91. let's send it back to you. >> hope he made a couple of bucks with that. >> i'm sure. >>> well, apparently new yorkers will soon be able to hail their taxis just using their phones, right? >> reporter: aha. and new york raising your arm in the middle of the street and yelling taxi! it may soon be passe. the new way to get a cab may be with a smartphone app that's being tested. a passenger would use the app to request a ride. and the first cab driver who responds to the call from his cell phone gets the ride. a similar program is
Search Results 0 to 4 of about 5